Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of ...
Key amendments introduced under the new tax regime for FY 2025-26 (AY 2026-27) 2. No Tax upto 12 lakh Enhanced Tax Rebate (Section 87A): The tax rebate under Section 87A has been enhanced and ...
The new tax regime will have new income tax slabs from FY 2025-26. Many salaried employees hesitated to switch to the new tax ...
As per Vasudeva, in the old tax regime, premiums paid on health insurance policies qualify for deductions under Section 80D.
Finance Minister Nirmala Sitharaman introduced a Budget that is favourable to the middle class, introducing a range of tax ...
Proposed new tax regime will be implemented from April 1, 2025, where income up to Rs 12,75,000 is tax-free for ...
The Union Budget FY26 introduced significant tax benefits for the middle class. Finance Minister Nirmala Sitharaman announced ...
Come April 1, 2025, changes in the income tax slabs will come into effect under the new tax regime. While it is up to ...
The old tax regime offers over 70 deductions and exemptions, including HRA, LTA, Section 80C, 80D, home loan interest, and ...
Do you follow the new tax regime or the old tax regime? Will you switch to the proposed new tax regime once it is implemented ...
Stock market income taxation depends on whether one is an investor or trader. Traders' income is taxed at slab rates as ...
The Old Tax Regime requires tax planning, as taxpayers must invest in specific financial products to claim deductions. In contrast, the New Tax Regime is simpler, as it does not require tracking ...